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HomeCanadaChina Stops Labubu, MOLLY DOLL SMOGGLERS As Prices Soar, FIGHTS Reported Overseas

China Stops Labubu, MOLLY DOLL SMOGGLERS As Prices Soar, FIGHTS Reported Overseas

Chinese Customs Authorsies Have Repledly Stoped Suspeted Smuglers of Pop Mart Toys, Including Its Labubu and Molly Series, as Prices for the Dolls Soar Amid A Global Excelsion For the Beijing-Based Retailer.

CUSTOMS Agents Have Intercepted Undeclared toys Multiple Times from Passengers “ALLLIDLY Seeing to Profit from Resales”, China Daily Reported.

In One Case, 318 Toys Were Confiscated from Three Travelles at Changsha Huanghua International Airport in Hunan Province, According to the State- Run News Outlet. In Anotter Case, it has been reported that a passenger at Hefei Xinqiao International Airport in Anhui Provink Was CauGHT with 94 Toys, All Intended for Resale.

Travelles are Reportedly Buying The Toys Overseas and Bringing the Back In TO China, According to Media Reports and Analysts.

Founded in 2010, POP Mart Is rapidly expanding internationally And now has more than 500 stores in Over 30 Countries and regions. The Company’s Most Sough-AFTTER TOYS Sometimes Sell at Lower Prices Offichore Than in China Becuse of Currence Fluctuations or Local Discounts.

“To put it simply, the high price is with a hype and the Effect of the International Popularity,“ SAID PENG PENG, Executive Chairaman of the Guangdong Society of Reform Think Tank.

“Chinese Consums and Businesspeple Are Interested, More Or Less,” He Added. “Business Opportunities that Can Promote Consumption Cannot Be Missed.”

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